A coat of arms appears on the knight in the Goonies II game for Nintendo. The arms are hard to make out but you can see it on the enemy shield. There was a Goonies I video game, but it was not released for the Nintendo console in the USA. It was released in Japan! However an arcade version of the Goonies I video game was made public in the USA.
A Goonies II movie is still possible! It's one reboot that I'd pay to watch.